Anakam Identity Suite also includes remote identity verification of disaster victims' online loan applications

May 17, 2009

2 Min Read

PRESS RELEASE

SAN DIEGO, May 13 /PRNewswire/ -- The U.S. Small Business Administration (SBA) has selected and deployed the Anakam Identity Suite(R) to provide two-factor authentication and remote identity verification of disaster victims' online loan applications.

The Disaster Assistance Electronic Loan Application (ELA) allows anyone with damages to their home or business resulting from a declared disaster to apply for disaster loan assistance. Homeowners and renters can apply for damages to their home, personal property, and vehicles.

Businesses can apply for damages to their real estate or business contents and for economic losses. With the deployment of the Anakam Identity Suite(R), disaster victims may now apply for disaster loan assistance at their own convenience using any computer connected to the Internet. As a result, the ELA simplifies the application process and speeds delivery of assistance to disaster victims.

The Disaster Credit Management System (DCMS) integrates Anakam.TFA(R) Two-Factor Authentication and Anakam.IDV(R) Identity Verification system in order to help the SBA accurately identify an applicant before the initial data is submitted and protect the privacy of the citizens when they return to the ELA site for continued access to their personally identifying information. Anakam binds the early and rapid identity verification with the National Institutes of Standards and Technology (NIST) Special Publication (SP) 800-63 Level 3 authentication offered by the Anakam.TFA(R) product which enables quick processing into DCMS thus decreasing the processing time required to get needed relief and maximizing privacy protection for citizens on remote access to personal information. In fact, when initially deployed, SBA ELA was the largest citizen-facing, Level 3-protected, eGovernment application.

"Anakam is pleased to support SBA with this important, national-level program," stated Allan Camaisa, Anakam CEO. "In addition to providing direct support to the SBA ELA business process, Anakam also shows its ability to provide an authentication barrier for personally identifiable information and sensitive financial information, provide citizen-facing scale with disasters as they occur, and support the authentication process of individuals from the initial encounter all of the way to the issuance of the benefit."

The electronic loan application can be accessed via the SBA's secure Web site at https://disasterloan.sba.gov/ela/.

About Anakam:

Anakam(R) enables strong authentication and identity management at a fraction of the cost of traditional solutions, without encumbering your customers, partners, and employees with cards, software downloads, tokens, or fobs. With tens of millions of end users, the Anakam Identity Suite(R) is unique in the industry, providing end-to-end multi-channel capabilities that allow you to enable secure, trusted eBusiness to very large user-communities in a single platform. The suite includes two-factor authentication, remote identity proofing and verification, professional credentialing, and secure collaboration. For more information, visit www.anakam.com.

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